Erie, CO housing market
Typical home value
$717K
▼ 1.1% 1 yr
Typical rent
$2,776/mo
▲ 5.6% 1 yr
Gross rent yield
4.6%
U.S. 6.3%
5-year home value change
+5%
U.S. +20%
Key takeaways
- 1The typical home in Erie is worth $717,328, down 1.1% over the past year and up 5% over five years.
- 2Typical rent is $2,776 a month (+5.6% YoY), a gross rent yield of 4.6% (above the Greeley, CO metro's 4.1%).
- 3With 20% down at 7.32%, principal and interest on the typical home is about $3,942/mo, $1,166 more than typical rent.
- 4Zillow forecasts the Greeley, CO metro's home values to change −0.5% over the next 12 months.
Market temperature (Greeley, CO metro)
Strong buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 24/100, #505 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Erie compares
| Measure | Erie | Greeley, CO metro | United States |
|---|---|---|---|
| Typical home value | $717,328 | $488,298 | $366,157 |
| Home value, 1-yr change | −1.1% | −2.0% | +1.2% |
| Typical rent | $2,776 | $1,685 | $1,932 |
| Rent, 1-yr change | +5.6% | +1.0% | +2.7% |
| Gross rent yield | 4.6% | 4.1% | 6.3% |
| Price-to-rent ratio | 21.5 | 24.1 | 15.8 |
| Mortgage P&I, typical home | $3,942 | $2,683 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Erie rental, pre-filled.
Rent vs buy in Erie
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $717K home.
Other cities in the Greeley, CO metro
Greeley, CO
$413K home$1,454 rent
▼ 1.2% 1 yr
Windsor, CO
$575K home$2,222 rent
▼ 1.2% 1 yr
Evans, CO
$389K home$1,747 rent
▼ 0.9% 1 yr
Johnstown, CO
$499K home$1,993 rent
▼ 3.0% 1 yr
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.